About OEC
OEC is a company based in Cleveland (United States) founded in 2000 was acquired by Francisco Partners in November 2025. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. The company has 277 employees as of April 06, 2024. OEC has completed 6 acquisitions, including Bluegrasscoms, Clifford Thames and NuGen IT. OEC offers products and services including CollisionLink, RepairLink, and PartsTech. OEC operates in a competitive market with competitors including Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others.
- Headquarter Cleveland, United States
- Employees 277 as on 06 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Oec India Services Private Limited
- Date of Incorporation 10 Sep, 2009
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$4.57 M (USD)182.08as on Dec 31, 2022
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Net Profit
$741.43 K (USD)109.71as on Dec 31, 2022
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EBITDA
$931.9 K (USD)113.46as on Dec 31, 2022
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Latest Funding Round
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Investors
Francisco Partners
& 2 more
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Employee Count
277
as on Apr 06, 2024
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Investments & Acquisitions
Bluegrasscoms
& 5 more
- Acquired by
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Products & Services of OEC
OEC offers a comprehensive portfolio of products and services, including CollisionLink, RepairLink, and PartsTech. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Collision parts procurement is streamlined for repair shops.
Mechanical parts ordering is simplified for repair shops.
Parts sourcing is facilitated for various automotive sectors.
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Software Development Team
26 people
Sales and Marketing
17 people
Leadership Team
13 people
Product Management Team
12 people
Senior Team
8 people
Finance and Accounting
7 people
Data Analysis and Operations Team
7 people
Operations Team
5 people
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Funding Insights of OEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OEC
OEC has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners, Genstar Capital and Providence Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Private equity investments in media, communications, education, and technology sectors.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OEC
OEC has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Bluegrasscoms, Clifford Thames and NuGen IT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automotive parts are supplied to businesses via PartsTech's platform.
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2012 | ||||
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Leasing, billing, and related services are provided to clients.
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2008 | ||||
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Claims processing optimization softwrare
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oec Comparisons
Competitors of OEC
OEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Developer of an online P2P marketplace for used cars
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| domain | founded_year | HQ Location |
Dealership management solutions are provided for automotive dealers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Oec
Frequently Asked Questions about OEC
When was OEC founded?
OEC was founded in 2000.
Where is OEC located?
OEC is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of OEC?
Patrick Brown is the current CEO of OEC.
How many employees does OEC have?
As of Apr 06, 2024, the latest employee count at OEC is 277.
What is the annual revenue of OEC?
Annual revenue of OEC is $4.57M as on Dec 31, 2022.
What does OEC do?
OEC is established as a key digital platform for the automotive aftersales ecosystem, connecting manufacturers, dealers, suppliers, and repair shops. Solutions are provided across marketplace, insights, and supply chain pillars to streamline parts procurement, repair processes, and inventory management. Support is extended to collision and mechanical shops, insurers, fleets, and tire distributors with AI-supported applications. The focus is placed on improving repair outcomes and ensuring efficient workflows in the global mobility sector.
Who are the top competitors of OEC?
OEC's top competitors include Upstart, Reynolds and Reynolds and Seez.
What products or services does OEC offer?
OEC offers CollisionLink, RepairLink, and PartsTech.
How many acquisitions has OEC made?
OEC has made 6 acquisitions, including Bluegrasscoms, Clifford Thames, and NuGen IT.
Who are OEC's investors?
OEC has 3 investors. Key investors include Francisco Partners, Genstar Capital, and Providence Equity.
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